The Finance Ministry is pushing ahead with its program to entice Russian-owned offshore firms to repatriate capital. A new law will impose penalties on such companies for tax evasion, but offers the carrot of a 2-year amnesty for those firms which decide to relocate to Russia.
Russia’s competition authority Federal Antimonopoly Service (FAS) is likely to face more legal challenges over its warnings to dominant companies on anticompetitive practices after the country’s Supreme Arbitration Court (VAS) ruling allowing Gazprom’s subsidiary to dispute a warning against it at arbitration courts, two Moscow based lawyers said.
Newsletter of the International Bar Association Legal Practice Division publishes an article of Oleg Ushakov and Alexander Filchukov.
National Bank of Ukraine ex-governor Stepan Kubiv let the hryvnia freely float when he was appointed to the post more than three months ago, but he kept a measure in place to mandate foreign currency earners to convert half their revenue to hryvnias.
The Finance Ministry is finalizing plans to levy a property tax on individual homeowners and ratchet up the cost by pegging the tax rate to cadastral property values.
CEE Legal Matters Magazine publishes an article by Natalia Korosteleva and Evgeny Bolshakov.
The proposed tie-up between Holcim and Lafarge is unlikely to face competition hurdles in Russia. The country’s competition authority, the Federal Antimonopoly Service (FAS), is expected to assess the deal’s impact on regional cement markets, in which the two European companies' presence is largely complementary, said two Moscow-based lawyers.
Ilona Zekely, Partner of EPAM in Ukraine, a regular contributor to Wirtschaftsblatt's newspaper column, comments on new currency rules for stabilizing Ukrainian financial sector.
CEE Legal Matters publishes an article by Ivan Smirnov.
Ilona Zekely, Partner of EPAM in Ukraine, a regular contributor to Wirtschaftsblatt's newspaper column, comments on legal consequences of situation in Crimea.
Ukraine’s AIS automobile distribution corporation, which is owned by two Party of Regions lawmakers — Dmytro Svyatash and Vasyl Poliakov — has not been repaying a UkrSibbank loan worth $100 million for five years. But after the overthrow of President Viktor Yanukovych, who controlled the party, the bank debt may finally get repaid.
Law experts interviewed by the Kyiv Post unanimously agreed that their firms are constantly on the hunt for better-skilled professionals.
A law to curb piracy came into effect in August 2013. It has proven to be an “efficient instrument” in the fight against copyright infringement, especially since preliminary injunctions from courts became much easier to obtain.
Behind the scenes of the Winter Olympic Games in Sochi, an inconspicuous special tribunal consisting of sports arbitrators and lawyers operated to resolve disputes during the course of competitions.
Ilona Zekely, Partner of EPAM in Ukraine, a regular contributor to Wirtschaftsblatt's newspaper column, comments on currency regulations at cross-border transactions.
